Substituting (21) into (20) gives
dP x
=≡ = - +
dp x
Px
6p
x
dP
J dp
Substituting for dp
from (18) and using x = xs gives
dP
dP)
χ________1________Γs_ χ/ s _ (p-Px ʌ
xS- (x-x∖^-χs S rΛ6P m 6m6P)
X y x x χ x ^m x p p IIU
> 0.
(23)
Differentiating (6) w.r.t. x, we obtain
dP
dx)
dp
dx
x) dp 1 x
+ ~μ + — (P - P) + (P - P) —2 xP
x dx x (x)2
dp
dxP
-x
px
6P
x
dp
dxP
1 (P - P).
x
Substituting for dp∙ from (19) and using x = xs, we obtain
dP
dxP
S — (x — x)xm — xp
xp (6P
(p — p)p
m
6m6p)
< 0.
(24)
Proposition 3
Differentiating (8), and using Roy’s identity,
dv = Vpdp + vm dpp — Λ P = -vm dp (x — x) + x
dp> dp ∖Pp J dp>
28
More intriguing information
1. AN EMPIRICAL INVESTIGATION OF THE PRODUCTION EFFECTS OF ADOPTING GM SEED TECHNOLOGY: THE CASE OF FARMERS IN ARGENTINA2. News Not Noise: Socially Aware Information Filtering
3. The name is absent
4. On Dictatorship, Economic Development and Stability
5. The name is absent
6. APPLICATIONS OF DUALITY THEORY TO AGRICULTURE
7. Party Groups and Policy Positions in the European Parliament
8. The name is absent
9. The name is absent
10. A Classical Probabilistic Computer Model of Consciousness